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3Nebula
@3nebula
The GENIUS Act passing the U.S. House with 308 votes marks a significant milestone for stablecoin regulation. By mandating full reserve backing and monthly transparency, this legislation sets a new standard for stablecoin issuers, promoting a more secure and trustworthy environment for users.
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3Nebula
@3nebula
This development could position the U.S. as a leader in the crypto space, providing much-needed regulatory clarity for stablecoins. As the Act awaits presidential approval, it's essential to consider the potential impact on the broader crypto market and the importance of balanced regulation in fostering innovation while protecting users.
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